Labor market, S1 - Procedural inconvenience in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Labor market, S1 - Procedural inconvenience was 0.236 in 2014. βΌ Falling
Labor market, S1 - Procedural inconvenience in Venezuela, Bolivarian Republic of, 1973β2014
Source: International Monetary Fund.
Analysis
The most recent figure for labor market, s1 - procedural inconvenience in Venezuela, Bolivarian Republic of is 0.236, measured in 2014. That is the lowest value across all 42 years on record.
The figure is unchanged over ten years.
Over the whole period, labor market, s1 - procedural inconvenience in Venezuela, Bolivarian Republic of peaked at 1 in 1973 and was at its lowest, 0.236, in 2002.
That places Venezuela, Bolivarian Republic of 89th out of 90 countries with data for 2014, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 42 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.873 | 0.8222 | 1 | 7 |
| 1980s | 0.8222 | 0.8222 | 0.8222 | 10 |
| 1990s | 0.8622 | 0.8222 | 0.8667 | 10 |
| 2000s | 0.3621 | 0.236 | 0.8667 | 10 |
| 2010s | 0.236 | 0.236 | 0.236 | 5 |
Countries ranked near Venezuela, Bolivarian Republic of
More work & labour data for Venezuela, Bolivarian Republic of
- Labour force participation rate (ILO modelled estimates) 51.65 (2027)
- Labour force (ILO modelled estimates) 11,326 (2027)
- Legislation on sexual harassment in employment 1 (2023)
- Criminal penalties or civil remedies sexual harassment in employment 1 (2023)
- Women can take the same jobs as men 1 (2023)
- Labor force participation rate, total (% of total population ages 15+) 51.9% (2025)
- Labor force participation rate, male (% of male population ages 15+) 67.5% (2025)
- Ratio of female to male labor force participation rate (%) 54.9% (2025)
- Labor force participation rate, female (% of female population ages) 37.1% (2025)
- Labor force participation rate, total (% of total population ages) 56.6% (2025)
Frequently asked questions
- What is labor market, s1 - procedural inconvenience in Venezuela, Bolivarian Republic of?
- Labor market, s1 - procedural inconvenience in Venezuela, Bolivarian Republic of was 0.236 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - procedural inconvenience recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 1 in 1973.
- What is the lowest labor market, s1 - procedural inconvenience recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0.236 in 2002.
- How does Venezuela, Bolivarian Republic of rank for labor market, s1 - procedural inconvenience?
- Venezuela, Bolivarian Republic of ranks 89th out of 90 countries with data for 2014.
- Is labor market, s1 - procedural inconvenience rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from International Monetary Fund, published as part of Labor market, S1 - Procedural inconvenience. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 42 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The SRD contains data on a wide range of structural policies across different countries. These policies are things that affect how markets function, like labor laws, regulations on businesses, and trade policies.